31-Oct-2026 16:06:31

ASHIKAGAcquisition and merger

ASHIKA GLOBAL Q2 : STANDALONE NET LOSS AT RS 1.53 CR V RS 1.57 CR LOSS (YOY), TURNAROUND TO LOSS (QOQ). WEAK (On 1st Look)

Standalone total income ₹12.52 Cr v ₹19.75 Cr (YOY), v ₹124.81 Cr (QOQ). Q2 pre-tax loss ₹19.40 Cr; tax credit ₹6.25 Cr; Q1 PAT was ₹90.72 Cr. Prior-period figures restated for two composite amalgamation schemes; not comparable with earlier published numbers (Note 4). Ashika Capital made wholly owned via 10,50,000 additional shares at ₹374.52/share; ₹5.34 Cr impact booked in OCI. Sold 100% of Ashika Logistics (9,22,200 shares) for ₹1.84 Cr, profit ₹0.32 Cr; ceased to be subsidiary from May 11, 2026. Caution: Standalone numbers swung sharply on higher expenses; consolidated numbers include ten subsidiaries not fully reviewed.

Ashika Global Securities Ltd

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